During this past week, one of your newly employed payroll associates dropped into your office to ask several questions regarding wage reporting for federal income and social security tax purposes. If you were the payroll supervisor, how would you answer each of the following questions raised by your associate?

"I just noticed that the social security number is wrong on three of the employees' W-2 forms."

Using a word processing program, answer the following questions:

1. How do I go about correcting the forms?

2. Will the employees be penalized for filing incorrect forms?